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Alphabet(Google) (GOOGL) Cyclically Adjusted Price-to-FCF : 61.23 (As of Jun. 05, 2024)


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What is Alphabet(Google) Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Alphabet(Google)'s current share price is ARS3734.50. Alphabet(Google)'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS60.99. Alphabet(Google)'s Cyclically Adjusted Price-to-FCF for today is 61.23.

The historical rank and industry rank for Alphabet(Google)'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BUE:GOOGL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 33.59   Med: 48.72   Max: 77.01
Current: 53.25

During the past years, Alphabet(Google)'s highest Cyclically Adjusted Price-to-FCF was 77.01. The lowest was 33.59. And the median was 48.72.

BUE:GOOGL's Cyclically Adjusted Price-to-FCF is ranked worse than
82.35% of 136 companies
in the Interactive Media industry
Industry Median: 22.05 vs BUE:GOOGL: 53.25

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Alphabet(Google)'s adjusted free cash flow per share data for the three months ended in Mar. 2024 was ARS30,706.600. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ARS60.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alphabet(Google) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alphabet(Google)'s Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alphabet(Google) Cyclically Adjusted Price-to-FCF Chart

Alphabet(Google) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.48 54.10 67.88 33.99 45.04

Alphabet(Google) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.83 41.26 42.52 45.04 46.25

Competitive Comparison of Alphabet(Google)'s Cyclically Adjusted Price-to-FCF

For the Internet Content & Information subindustry, Alphabet(Google)'s Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alphabet(Google)'s Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Alphabet(Google)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alphabet(Google)'s Cyclically Adjusted Price-to-FCF falls into.



Alphabet(Google) Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Alphabet(Google)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3734.50/60.99
=61.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alphabet(Google)'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alphabet(Google)'s adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=30706.6/131.7762*131.7762
=30,706.600

Current CPI (Mar. 2024) = 131.7762.

Alphabet(Google) Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 51.168 100.560 67.052
201409 63.449 100.428 83.255
201412 61.338 99.070 81.588
201503 70.388 99.621 93.107
201506 87.362 100.684 114.340
201509 73.417 100.392 96.369
201512 121.351 99.792 160.244
201603 157.885 100.470 207.081
201606 203.158 101.688 263.270
201609 225.788 101.861 292.099
201612 207.957 101.863 269.027
201703 224.172 102.862 287.186
201706 155.373 103.349 198.110
201709 228.702 104.136 289.406
201712 234.082 104.011 296.569
201803 179.945 105.290 225.212
201806 239.374 106.317 296.696
201809 601.010 106.507 743.604
201812 460.686 105.998 572.723
201903 595.369 107.251 731.516
201906 601.703 108.070 733.696
201909 1,014.416 108.329 1,233.976
201912 1,044.136 108.420 1,269.066
202003 708.026 108.902 856.746
202006 1,242.891 108.767 1,505.815
202009 1,820.214 109.815 2,184.229
202012 2,971.411 109.897 3,562.990
202103 2,555.938 111.754 3,013.857
202106 3,313.506 114.631 3,809.089
202109 3,923.339 115.734 4,467.152
202112 4,040.044 117.630 4,525.919
202203 3,573.012 121.301 3,881.567
202206 3,098.399 125.017 3,265.923
202209 4,936.739 125.227 5,194.944
202212 6,033.084 125.222 6,348.870
202303 7,197.757 127.348 7,448.052
202306 11,084.902 128.729 11,347.324
202309 18,056.756 129.860 18,323.270
202312 6,566.328 129.419 6,685.905
202403 30,706.600 131.776 30,706.600

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Alphabet(Google)  (BUE:GOOGL) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Alphabet(Google) Cyclically Adjusted Price-to-FCF Related Terms

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Alphabet(Google) (GOOGL) Business Description

Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.

Alphabet(Google) (GOOGL) Headlines

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